According to the best minds of Silicon Valley, today’s fast-moving technological expansion can be used to make our own lives better in the near future. So, together with NASA, they established Singularity University. To make its efforts truly world-wide, the University launched Global Impact Competitions to involve innovators from all around the globe.
In April 2012 visionaries from Central and Eastern Europe and South East Europe (CEE&SEE) also had a chance to prove that they have the ‘singularity’ potential and have the solutions to make the lives of at least one million people better in the next three years.
The first Global Impact Competition in CEE&SEE - supported by companies such as Autodesk, Cisco, GE Healthcare or PortfoLion - reached thousands of university students, young entrepreneurs and business people in the region. The 54 applications, submitted from eight countries, are trying to answer the issues of health, education or security.
Organizers were looking for innovative project ideas which could improve the lives of one million people in a three-year period with the use of any exponentially improving technology. The judging panel shortlisted the projects to the six most outstanding, which include finalists from Bulgaria, the Czech Republic, Hungary and Poland.
Finalists will get a chance to present their projects to an international Jury, with members from the Singularity University faculty, Cisco and GE Healthcare. The finals will take place in Budapest on May 4, 2012 with keynote speaker Ernő Rubik, Honorary Patron of the event, inventor of the Rubik’s cube.
Winner of the competition will take part in the University’s graduate program this summer, which is worth of $30,000. The prize covers all costs which include: travel(s), courses, lodging and meals. In addition to this, the winner can choose and Autodesk software worth of $10.000.